The Portuguese Confederation of Small, Medium and Micro Enterprises (CPPME) believes that the help line for the treasury of small firms is “premature” with actuality, requiring “unreasonable troubles” and “actual help”.
In response to the rules on the quantity of funding help for small, medium and micro enterprises launched on September 14, CPPME acknowledged that, apart from the late arrival of the measure, it “doesn’t reply within the slightest” to the federal government’s expectations. Corporations and entrepreneurs.
In numerous criticisms of the design of the treasury help line, the federation identified that it limits the worth of every operation “far beneath the theoretical assertion of three x 3,000 euros per employee”, and in observe, It serves as an “extraordinary” medium-term (4 years) line of credit score, with an rate of interest of 1.5%, a grace interval of 1 yr, and fee in installments over the subsequent 4 years.
The truth that solely firms with constructive fairness capital in December 2019 can receive this reality — or present that they’ve taken measures on this regard later — is one other facet of CPPME’s condemnation, and it additionally criticizes the necessity to receive this measure. Hold jobs within the subsequent yr and supply enterprise estimates for 2021, 2022 and 2023-for 2022 and 2023, “the estimate needs to be increased than the reference yr 2019.”
“We haven’t absolutely thought-about all of the unreasonable calls for made on firms which have involuntarily gone via a two-year rattling disaster. They don’t know something about it in the event that they fail to fulfill their billing targets for 2022 and 2023. , They might need to return the granted credit score worth inside 60 days. It’s enough to inform the administration entity solely,” the assertion talked about.
In response to this example, CPPME believes that the measure “doesn’t conform to nationwide actuality” and doesn’t meet the expectations of small companies, and requires measures that assist “clear up funding difficulties” and overcome “well timed” constraints. Pandemic.
In line with the September 14 rules, small and micro enterprises that use the 100 million euros of nationwide debt help should repay the subsidy at an rate of interest of 1.5% inside 4 years.
Monetary help is reimbursed “inside a most of 4 years”, which is equal to the worth of “as much as 3,000 euros per job for the corporate within the month previous to the submission of the applying”, multiplied by three, as much as 25,000 euros for micro companies and as much as 75,000 euros for small companies.
The reimbursement of the monetary help supplied is paid in equal month-to-month installments, however the diploma permits the beneficiary to “repay the mortgage partially or absolutely upfront at any time, with out further prices.”
Help functions have to be submitted via the digital utility on the IAPMEI-Bureau of Competitors and Innovation web site, and the help grant interval is December 31.